Saturday, August 6, 2011

Your Black Money: What the Downgrade in US Debt Means for You

black wealth, african american wealth

Money Magazine — United States bonds are no longer officially rated Triple-A, at least in the eyes of Standard & Poor’s.

And while Moody’s and Fitch, the other leading rating agencies, have affirmed the top rating, they too have worried about the long-term prospects for the United States.

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